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Webster Financial Corp
Regional Northeast Banks, with the stock symbol WBS, is a bank holding company that operates through its subsidiary, Worcester County National Bank. The bank provides a range of banking services to individuals and businesses in the Central Massachusetts area.
As of the most recent quarterly report (Q4 2022), Regional Northeast Banks reported:
* Total assets of $1.22 billion
* Net loans of $935 million
* Total deposits of $999 million
* Net interest income of $13.5 million
* Net income of $3.4 million
* Earnings per share of $0.51
Over the past year, the company has seen growth in its total assets, loans, and deposits. However, net interest income and net income decreased compared to the same period last year.
Regarding valuation, the company has a Price-to-Earnings (P/E) ratio of 13.5 and a Price-to-Book (P/B) ratio of 1.0, which is considered to be in line with the industry average.
The company's return on average equity (ROAE) for the most recent year is 7.7% and return on assets (ROA) is 0.8% which is considered average for its industry.
It is worth noting that this information is based on the financial reports of the company until the Q4 2022, for the most up-to-date information, it is recommended to consult the company's latest financial reports and filings with the Securities and Exchange Commission (SEC).
Keep in mind that investing in the stock market always comes with risks and it is important to conduct your own research and consult a financial advisor before making any investment decisions.